Examples of Third Party Sale Notice in a sentence
The Third Party Sale Option shall be deemed waived if the Third Party Sale Notice is not provided in accordance with this Section 3.1(b)(i) during the Third Party Sale Election Period.
Notwithstanding anything to the contrary in Sections 1.3 and 10.13, if Seller provides a Third Party Sale Notice under this Section 3.1(b), then this Agreement shall be automatically amended so that the changes stated in Appendix XIX will become effective and enforceable as of the date of Seller’s Third Party Sale Notice.
Any Offered Block or Offered Blocks covered by the Third Party Sale Notice, which are not sold either to Buyer or, within sixty (60) days after the date of the Third Party Sale Notice to the third party buyer which offered to purchase same, shall again be subject to Buyer’s rights as provided in this Section 4.4.
Seller has caused this Third Party Sale Notice to be duly executed by its authorized representative as of the date provided below: [Seller] Signature: Name: Title: APPENDIX XIX EFFECT OF EXERCISE OF THIRD PARTY SALE OPTION Pursuant to Section 3.1(b) of the Agreement, if Seller exercises the Third Party Sale Option, the Agreement shall be deemed automatically modified as specified in this Appendix XIX during the Third Party Sale Period.
Any Offered Block or Offered Blocks that Buyer does not agree to purchase may be sold by Seller to the third party buyer on the same terms and conditions as set forth in the Third Party Sale Notice.